NSE launches 11 new sectoral indices; Nifty Power, Retail, Hospitals among additions

NSE Indices Limited has launched 11 new sectoral indices under the Nifty umbrella, including Nifty Power, Capital Goods, Telecommunications, Construction, Consumer Services, Commercial & Transport Services, Retail, Hospitals, NBFC, Housing Finance, and Insurance. The expansion takes the total count of Nifty sectoral indices to 34, providing asset managers and passive investment products such as ETFs and index funds with more granular benchmark options to track specific segments of the Indian economy.